Apple to Construct $850 Milion Photo voltaic Power Farm in California

Apple will companion with First Photo voltaic to construct an $850 million photo voltaic power farm in California, CEO Tim Prepare dinner stated on Tuesday. The farm in Monterey County would offer sufficient power to energy almost 60,000 houses, Prepare dinner stated. The California farm would develop into Apple’s fourth, as the corporate already has two in North Carolina and one in Nevada.

Prepare dinner famous that each one of Apple’s knowledge facilities are run on renewable power. As an example, the corporate pledged to run a brand new $2 billion Arizona knowledge middle, introduced final week, on solar energy. Prepare dinner touched on the photo voltaic undertaking and a variety of firm developments — together with Apple Pay, the Apple Watch and worldwide progress — on the Goldman Sachs Know-how and Web Convention.

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—Jacob Pramuk, CNBC
First revealed February 10 2015, 1:forty PM